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Final answer:
Texas's labor laws can result in a higher financial burden on employers, lower levels of business investment, and impacts on employment due to competition from states with better union representation.
Explanation:
Higher financial burden on employers due to greater compensation in lost lawsuits is a cost of Texas's labor laws. This can lead to increased expenses for companies in legal matters.
Lower levels of business investment may occur as a result of fear of lawsuits by injured employees, impacting the willingness of businesses to invest in Texas.
Union representation in other states influencing employment levels can be another cost of Texas's labor laws due to competition dynamics.
Learn more about Labor Laws and Costs here:
https://brainly.com/question/28187363
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